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 Search for: stolen credit.....Need FHA Loan.
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eric_veronica

192 Posts

Posted - 05/13/2008 :  10:04:08 AM
I have a close friend who is trying to purchase a home. Three months ago he had very good credit in the mid 700's. Then he had his identity stolen and four credit cards were opened in his name, maxed out, and never paid. Since then his scores have fallen in the low 500's and he is in the process of a going through fixing his credit however it is a time consuming process. Is there any lender out there that will allow us to show the old credit form a few months ago before his credit was stolen and still qualify for an FHA loan??? I can show affidavits that prove his credidt has been stolen and these delinquint accounts are not his

Any input would be appreciated
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